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 Establishing a foothold for advanced medical technology in China 

28th of August, 2018 — Buzzpole Co., Ltd., an artificial intelligence medical ICT technology company,signed for the vitalization of the bio-healthcare startup ecosystem and entry into 

the Chinese business with the Incheon Center for Creative Economy & Innovation and Hallym University Chuncheon Sacred Heart Hospital (Director Jae-joon Lee)

Buzzpole has already attracted $3 million in seed investment from Zhongzhu Group, a Chinese investment group in Hunan Province, China, and has begun to enter the Chinese market with its artificial intelligence-based cervical cancer system, 'Cerviclinic A.I.' Currently, the CFDA approval process is proceeding smoothly, and commercialization is expected in the 

first half of 2019.

In addition, with Hallym University Chuncheon Sacred Heart Hospital, research on artificial intelligence stroke diagnosis and dementia prevention solutions in accordance with China's elderly care business policy, such as stroke and dementia, is underway.

The importance of the Chinese government's old-age business policy according to aging was emphasized at the 19th People's Congress.

At the government level, it was decided to emphasize a prevention-oriented medical system, promote China's healthy and civilized lifestyle, and prevent serious diseases. In particular, it have been emphasized that actively promote the combination of medical care and elderly care business in line with the social environment for the policy system on aging, old age, 

filial duty, and seniority, and accelerate the development of old-age business and related industries.

In addition, in order to perfect the emergency care management system, the Ministry of Health of the People's Republic of China, 'Notice on the Implementation of Emergency 

Construction and Management Guidelines', 'The 13th Five-Year Plan for Emergency Medical Relief (2016-2020) – Relief Activities and Emergency The importance of early diagnosis 

of emergency stroke has emerged with the 'mind and plan for medicine'.

This tripartite agreement with the Incheon Creative Economy Innovation Center for full-fledged entry into China is a stepping stone for Korea's excellent medical technology to enter 

the Chinese market based on the Incheon Creative Economy Innovation Center's know-how and public confidence in entering the Chinese business. It started with the initiative of 

Professor Jin-pyeong Jeon of the Department of Neurosurgery at Chuncheon Sacred Heart Hospital, who is conducting continuous research in the field of stroke. Based on the full 

support and cooperation of the current hospital director and Buzzpole's cervical cancer AI learning know-how, meaningful research results have already been derived in terms of 

stroke disease.

Sung-won Choi, general manager of the joint venture in Hunan Province, who is in charge of Buzzpole's business in China, said

“Emergency medicine, such as cerebral hemorrhage or cerebral infarction in China, is an important field for preventive medicine in China. Also, in light of the aging Chinese industry, 

diagnosing dementia early and providing appropriate treatment will be a very meaningful business in the current Chinese market. Buzzpole, together with Incheon Creative Economy 

Innovation Center and Hallym University Chuncheon Sacred Heart Hospital, will quickly enter the Chinese market through service advances through collaboration with Korea’s 

excellent medical technology with Buzzpole’s know-how and AI development technology.”

Added, “In China, AI-based medical services have already been entered by leading companies from countries around the world, with over a thousand companies competing, and 

excellent companies from European countries have already entered the field of lung cancer and breast cancer. With this trend, Buzzpole is already promoting the establishment of a 

gynecological cancer center with a Swedish breast cancer artificial intelligence company. We will take the lead in global competitiveness with a model that is optimized and 

differentiated for the local market by creating services that are in line with China’s national policy through orientation-oriented differentiation.”

He also said that through this trilateral entry into China, the Incheon Center for Creative Economy and Innovation, we plans to provide full support through the Chinese program that 

has been going on so far, and that Korea's excellent medical artificial intelligence-based start-up companies will establish a bridgehead and achieve success in entering China 

through the Incheon Center for Creative Economy and Innovation.

Buzzpole Overview

Since its establishment in June 2014, Buzzpole has been recognized for its technological prowess, such as being selected as a childcare company by the Incheon Center for Creative Economy and Innovation and selected for various government projects. is entering the world market.

28th. Aug. 2018. 11:00 / NewsWire